"Is the offer of US$15.5 billion still appropriate given the current market conditions?"
Chen Shaojie's eyes flashed with light.
The difference is often hundreds of millions of dollars, but he still can't help but show greed. In today's seller's market, maybe they can choose to wait for the price and sell.
Generally, financing is in US dollars, which is a recognized standard in the industry. They are not exempt from this. If the valuation is 100 billion US dollars, at today's exchange rate, it is almost 15.46 billion US dollars, almost 15.5 billion US dollars.
Lu Beifeng slowly shook his head and said softly: "If we don't change it, at this price and valuation, there is actually a lot of water in it."
He still kept a clear mind and knew very well that so many people came to raise funds this time, not because of Bailong Automobile, but because of him.
Without him, there would not have been so many people coming, and it would have been an ordinary financing reception at most.
Chen Shaojie was stunned, and he immediately wanted to understand the reason for the relationship. A bitter smile appeared on his face, and he decisively admitted his mistake: "I was too greedy."
"Everyone is blinded by prosperity sometimes."
Lu Beifeng chuckled. He had been there and understood Chen Shaojie's current mentality. He would naturally get used to it if he saw it more in the future.
He thought for a while and said: "Actually, the amount of financing this time will not be of much benefit to us. US$1.55 billion is not enough for the development of the company."
"The reason why we raise funds is to expand our influence and scale. Only by going public in the future can we create greater value."
"The money we make now is not ours. When it goes public, it will be our money."
Chen Shaojie nodded quickly.
He knew what Lu Beifeng meant.
To promote Bailong's listing, it would be best to raise tens of billions of dollars. That is his goal.
With so much money, it might not be impossible for him to give up Bailong Motors.
Financing is just an essential process before going public.
If possible, Lu Beifeng doesn't want to raise funds. It would be best to go public directly and then cash out.
From the beginning to the end, this company has been testing the waters. It is a pure surprise that it has reached this stage.
What they should do now is to turn Bailong Motors into a cash cow, and continuously provide blood and talents for future Tianhuo Technology.
The two talked and walked into the Hilton Hotel.
A red carpet was laid out in front of the hotel, and the media gathered.
In terms of scale and atmosphere alone, it is no worse than the last World New Energy Vehicle Conference.
Compared with government-led events led by private enterprises, the atmosphere will be relatively relaxed and the mentality of participants will be very relaxed.
Handsome men and beautiful women, old men and young women, old women and young men, the various combinations are jaw-dropping.
However, those combinations with a huge age gap are all regarded as gold-rich fathers in the eyes of handsome men and beautiful women.
Bailong Automobile's financing reception has little impact on large groups, but it is extremely attractive to some small and medium-sized enterprises.
The big groups have their own connections, investors, and funders who come to them on their own initiative.
But if a small business wants to get investment, it has to find people by itself and visit everywhere, but sometimes it can't even get in.
The difficulty of financing for small and medium-sized enterprises is far greater than that of large enterprises.
The money from capital institutions does not come in vain. They will not invest in everyone, nor will they look at every plan.
The plans these financial institutions receive every year can fill several warehouses.
No one had time to look at each one in detail, so they basically just glanced at it.
Some plans written by unknown people will basically be thrown aside to eat dust if they don't have very outstanding highlights.
And now Bailong Automobile’s financing reception has given everyone this opportunity.
At the cocktail party, I met several big sponsors and communicated directly face to face, which was much more powerful than a lifeless proposal.
Maybe once the investor is in a good mood, he will agree to invest on the spot.
For a small business, a few million dollars in financing is an incredible achievement.
Because all the first-tier financial institutions were invited this time, the visitors were all real tycoons.
Investments of several million dollars count, they are settled in units of hundreds of millions and in U.S. dollars.
After all, who doesn’t know that Lu Beifeng is very wealthy, otherwise Bailong Motors would not have been able to reach this level and start Series A financing.
A valuation of tens of billions of dollars is absolutely impossible to escape.
Third- and fourth-rate financial institutions with little financial strength will not come here to seek trouble.
In the hotel banquet hall, the protagonist group headed by Lu Beifeng appeared.
Everyone focused their attention on Lu Beifeng. He had long been used to the feeling of being the center of attention, and he nodded slightly and smiled in return.
Everyone nodded and showed friendly smiles.
I hope I can leave a good first impression in the heart of the richest man, Lu, and make him look familiar.
Maybe there will be opportunities for cooperation in the future, and this familiarity can play a key role.
Lu Beifeng found many domestic acquaintances among the participating guests.
Lao Ma, Xiao Ma, boatman brother Liu Jian, Zhao Zhiming, and Mr. Huang from Xiangjiang. What surprised him most was that Liu Qing also came.
As for foreigners, they are basically face-blind to Western men.
Except for Will, a veteran, I can't even remember that I just met representatives from SoftBank and Apple a few days ago.
Chen Shaojie introduced him one by one: "This is Luca from Switzerland, and this is Backhaus from Germany..."
Lu Beifeng had a smile on his face, but the smile was a little forced.
There was a string of names, because this was a more formal occasion and I had to give my first and last name.
The foreigners who came this time generally did not speak Chinese well and could only communicate through translators.
His English level is average. If it could be graded, it would probably be level two, or around level one.
He couldn't remember the usual English translation clearly, let alone the pure English name.
With a smile on his face, Lu Beifeng greeted him warmly with the only English words in his mind: "My dear friends, welcome to your arrival. I hope everyone can have a pleasant experience tonight."
He really couldn't shout his name, and he didn't bother to shout.
The words "friends" made several foreigners laugh so hard that their big teeth came out.
Lu Beifeng is not an unknown person who can win every time in other people's markets and under other people's rules.
He is recognized as a financial butcher in the Western world and has a notorious reputation internationally.
To be called affectionately by him, dear friend, is definitely a symbol of honor.
It's just that people who know him well feel uncomfortable hearing this.
It's not a good thing to be called dear friend by him.
This guy stabbed a knife in the back, which is called ruthless.
Regarding this kind of thing, Brother Boatman said he had something to say.
Through Zhang Jiali's translation, Lu Beifeng had a good time chatting with these foreigners, chatting and laughing happily.
There are no taboos in speaking, and everything comes from strength and confidence.
It was they who came to us on their own initiative, not Lu Beifeng who invited them. The market determines demand.
They are the ones in need.
After a period of recovery, Tesla’s market value has regained its footing at US$400 billion.
US$400 billion is still the market value after experiencing a heavy hit.
If it hadn't been for the previous heavy blow, I'm afraid it would have hit a trillion-dollar market value now.
You can believe that the future of money in this industry is bright.
In just half a year, Lu Beifeng brought Bailong Motors to this point.
Many financial institutions come to the city several days in advance to conduct on-site inspections.
They have seen the local changes and the large-scale industrial park.
Lu Beifeng's ambitions definitely don't stop there.
It’s hard not to believe that Bai Long will become Tesla and Lu Beifeng will become Musk’s second.